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Horizontal Equity: It is the notion that equally situated individuals should be taxed equally. More specifically, persons of equal income should pay identical amounts in taxes. But it is very difficult to apply the concept in practice. Vertical Equity : This means that unequals should be treated unequally. This concept is also known as ability-to-pay principle. It means the total tax burden will be distributed among individuals according to their capacity to bear it, taking into account all of the relevant personal characteristics.
How do you typically respond to failure or setbacks?
How important is it for you to have a sense of control?
How important is it to you to be acknowledged and complimented for your efforts?
How do you typically handle conflicts within your personal relationships?
How likely are you to forgive someone who has hurt you deeply, even if they do not apologize?
How important is it for you to have control over your environment?
How important is it for you to have a strong sense of identity or self-concept?
How often do you find yourself worrying about the future or things you cannot control?
Are you more of a logical or emotional person?
How do you deal with difficult people or situations?